Swift System News Today

we have another hour of velshi, right now. good morning to you, im ali velshi. is this saturday october 8th day 227 of russias war in ukraine. breaking news this morning out of crimea. an explosion has crippled the bridge. this is a remarkable development. take a look at this bridge. look at the multitude of fires across it. it has collapsed part of the bridge into the sea. russians think the truck bomb exploded. it set fire to several oil tankers that were traveling on the bridge by r...

With a robust domestic payments system in place, a central bank digital currency has limited appeal among resident Indians. Where it holds considerable promise is in cross-border payments

"The higher share of CNY in trade invoicing doesn't seem to be dethroning USD, but rather pushing out second tier developed market FX, such as GBP."

Seven years after helping businesses solve the pain points of cross-border payments, Thunes now has bigger ambitions — to disrupt the dominance of SWIFT, the world’s dominant international financial network.

Facilities in 0desa and other cities. vladimir putin has accused western countries of using the expired agreement to profit it shamelessly but in a court with russian government officials he said he was prepared to return to the agreement immediately if certain conditions were met —— in a call. including reconnecting the russian agricultural bank to a global payment system. we heard from our correspondent in kyiv, james waterhouse.— correspondent in kyiv, james waterhouse. ,, ., , , waterh...

The digital shift in the banking sector is just one bit of the transformation that has been happening over the past 60 years.

"Iran is the balance and the game changer for West Asia,” Bruno Beaklini tells the Tehran Times. Writes Somayeh Ebrahim Khalili Beaklini, who holds PhD in

On Tuesday, Saudi Arabia's Finance Minister, Mohammed Al-Jadaan announced that they would accept payment for their oil...

The US Dollar After Ukraine by David Reavill The lifestyle you and I have enjoyed over the past generation has been due, in no small part, to the US Dollar's position as the International Reserve Currency. In short, the Dollar's Reserve status has meant that major international trade is priced in dollars. The Dollar has

You would see diplomatic isolation. china and india would head indoors. we would see economic sanctions like russia has never seen. it would be a complete cut off from the financial systems. there would be a swift system in the world, and there would be a ban on any purchase of european or russian oil and gas, et cetera. you might not even see a military measure. it is only if putin, i think, uses a nuclear weapon and ukraine, drops it on a troop convoy, or hits a city with a very low yield, say...